Home Equity Line on a Rental / Investment
Hello All!!! In New York, I went to my Chase banker and they said it's impossible for them to give me a home equity line of credit on my free and clear condo investment apartment that I rent out. I guess this is true with their bank, but has anyone done this with another bank? Thanks!
Most Popular Reply
Try your local credit union and/or TD Bank. I was recently approved by both on a HELOC investment property loan. Good luck!